Case Study

Financial Service - Supporting and new bank launch
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Industry

Finance

Service

Regulatory License

Client

Confidential

Challenge

Supporting a Global Retail Bank Launch a New Digital Bank.

We assisted a global retail bank in launching a new digital bank by conducting security assessments and ensuring compliance with MAS Technology Risk Management (TRM) and Cyber Hygiene regulations. This included reviewing project documentation, policies, and operational procedures to establish a secure environment for protecting customer data and ensuring regulatory alignment.

Our efforts resulted in over 40 standards and procedures compliant with MAS TRM requirements. We created a Risk Register, Risk Control Library, and detailed Level 3 procedural documentation to support the bank's operations. These measures have positioned the client for licensure and strengthened their cybersecurity framework.

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